‘Calling time on that one’: Iress to review international business
Despite dominating the Australian market, Iress has struggled to gain a foothold in the international sphere. Under the new leadership of Marcus Price and an ensuing business review being conducted this year, the advice tech provider is looking to re-frame it’s focus within its home turf.
February 20, 2023
Pengana launches capital markets division
Fund manager Pengana Capital Group has launched a dedicated capital markets division which aims to connect sophisticated investors with compelling bespoke investment opportunities.
February 20, 2023
BlackRock reduces fees on two core iShares ETFs
BlackRock Australia has reduced the fees for its iShares Core S&P / ASX200 ETF (IOZ) and Core Composite Bond ETF (IAF), to 0.05 per cent and 0.10 per cent respectively.
February 20, 2023
Zenith makes two new appointments to sales team
Research firm Zenith Investment Partners has promoted Glenn Boyes to the role of head of sales, representing the combined capabilities of Zenith and European-based data analytics provider FE fundinfo to advisers, fund managers and technology partners.
February 20, 2023
CountPlus appoints group chief risk officer
CountPlus has appointed Lisa Chambers as group chief risk officer.
February 20, 2023
Experience pathway keeping advice on the ‘cusp of a profession’
Many existing advisers already have a favourable education pathway compared to new entrants and deploying the experience carve out is a step too far, a panel has argued at the Advice Practitioner Summit.
February 17, 2023
‘Current system is stuffed’: SMSF sector looks for refresh from advice review
Much of the discourse around the Quality of Advice Review proposals has centered around regulatory red tape and consumer protections, but next week Michelle Levy will engage the SMSF industry on their feedback to the review’s proposals.
February 17, 2023
ASIC will allow SMSF auditors competency standards class order to sunset
ASIC has proposed allowing class order CO 12/1687 Competency Standards for approved SMSF auditors to expire on 1 April 2023.
February 17, 2023
Levy faces uphill battle to win over consumer groups
Quality of Advice Review lead Michelle Levy has criticised the rebuttal made by Choice and other consumer groups to her recommendations while conceding she has been unable to convince them of the merit of the proposals.
February 16, 2023
AMP Advice continues path to financial recovery
Upon releasing full FY22 results, the advice arm of AMP boasted a halving of its after profit revenue deficit. The financial performance highlights the continued improvement of the licensee business being able to function financially independently.
February 16, 2023
Iress warns industry to be mindful of company impersonators
Iress has warned the industry of a scam involving malicious actors impersonating staff members of the adviser software provider.
February 16, 2023
AvSuper and ART investigating merger
AvSuper and Australian Retirement Trust (ART) have agreed to investigate merging by signing a Memorandum of Understanding (MoU).
February 16, 2023
